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Friday, October 7, 2011

Undervalued Stock Detected (NYSE: PT)

Shares of PT fell by 0.69% or $-0.05/share to $7.23. Portugal Telecom SGPS SA is trading at a price to book ratio of 1.43. The PEG is 0.33 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 1.03. Thus, the company is not very expensive in terms of its sales. On average, 286248 shares of PT exchange hands on a given day and today's volume is recorded at 192197. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.

Portugal Telecom SGPS SA (Portugal Telecom) is a Portugal-based telecommunications operator.